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The low-cost giant is even bigger. The company has received EU approval to take over 75% of Laudamotion, of which it holds 24.9%. Ryanair has partnered with former Formula 1 driver Niki Lauda to outfit the former Fly Niki, whose activities have stopped with the bankruptcy of Air Berlin.
Ryanair can support more than 75% of the operator Laudamotion, which will begin this autumn and flights from Vienna to Bucharest, announced the company. The cost of Ryanair 's takeover of Laudamotion is less than 50 million euros, but the Irish will offer an additional 509 million euros for operating costs in the first year, which puzzles an announcement that spring.
However, Laudamotion is currently threatened by Lufthansa, which is trying to eliminate the nine planes that the European Commission has forced to secure at Laudamotion in order to restart flights, "said Ryanair. Cost accuses Lufthans of wanting to destabilize Laudamotion after failing to deliver two of the 11 aircraft to which the German operator had to give up following the takeover of Air Berlin.Ryanair has announced an agreement with the airline. 39; former Formula 1 driver Niki Lauda in March this year to support his development plan of the new airline LaudaMotion based in Vienna.
According to the agreement, Ryanair acquired 24.95% of Laudamotion in the first place , and this share will increase to 75%, subject to the board of directors of the company will even Niki Lauda, who will oversee the implementation of the strategy to develop an Austrian airline low cost
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